Birdwatch Note Rating
2024-12-10 15:09:52 UTC - HELPFUL
Rated by Participant: 605761ADBAFFA8CC592E2C577B7312AED6880D6AA9A2DA74B0FB87B98C33203A
Participant Details
Original Note:
1.4 trillion is the revenue of the medical insurance industry. Profits are substantially lower, with the figure in Rep. Kanna’s correction providing the operating profit, which doesn’t include certain line items. The industry as a whole has a net margin under 5%. https://content.naic.org/sites/default/files/industry-analysis-report-2023-health-mid-year.pdf
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